2026.04.24 2026.04.24 US Dollar Advances As Middle East Tensions Escalate. Forecast as of 24.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Iran views the US blockade of the Strait of Hormuz as a threat to diplomacy and a violation of the ceasefire. The risks of conflict escalation are rising, which is supporting the US dollar. Let’s analyze the situation and make a trading plan…
Donald Trump told Fox News on Saturday that US envoys Steve Witkoff and Jared Kushner will no longer travel to Pakistan for talks with Iran. Trump said the trip was not worthwhile, claiming that the United States “holds all the cards” in the war and does not need to send a delegation on an 18-hour flight for unproductive discussions….
Lloyd Chan at MUFG highlights that USD/IDR has broken to fresh highs, overshooting earlier expectations for near-term stabilization. The move is attributed more to domestic confidence and fiscal uncertainty than broad US Dollar (USD) strength. While upside risks have increased, MUFG also flags growing signs of Rupiah undervaluation and potential constraints from Bank Indonesia’s policy response. Domestic confidence shock…
2026.04.24 2026.04.24 USD/CAD: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3620 with a target of 1.4124–1.4300. A buy signal: the price holds above 1.3620. Stop Loss: below 1.3580, Take Profit: 1.4124–1.4300. Alternative scenario: Breakout and consolidation below 1.3620…
Iranian foreign minister Seyyed Abbas Araghchi met with Pakistani officials in Islamabad today in an effort to try to restart talks. A Pakistani source cited by Reuters said that Iran had delivered both their demands and their reservations about US demands. Much of it sounds like the things we’ve already heard before and there are reports saying “Iran’s stance…
USD/CHF dropped on Friday but finished the week with gains of over 0.35%, trading at 0.7841 as market participants grew confident that US-Iran talks could resume over the weekend to resolve the conflict. USD/CHF Price Forecast: Technical Outlook From a technical perspective, USD/CHF appears poised to remain in a consolidation within the 0.7800-0.7900 range. Momentum, as measured by the…
2026.04.24 2026.04.24 USD/CHF: Elliott Wave Analysis and Forecast for 24.04.26–01.05.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 0.7765 with a target of 0.8220–0.8400. A buy signal: the price holds above 0.7765. Stop Loss: below 0.7725, Take Profit: 0.8220–0.8400. Alternative scenario: Breakout and consolidation below the…
Scott Bessent in a WSJ interview speaks about the key economy and policy goals as he maneuvers through the Iranian war and other global economic hurdles.: Goal: Restore strong U.S. growth following war disruptions while keeping expansion intact Balance inflation vs. growth: Bring inflation down without choking economic expansion Lift real wages: Focus on improving income for the bottom…
DBS Group Research economist Samuel Tse analyses recent steepening in Chinese Yuan (CNY) rates, linking it to a ceasefire between the United States (US) and Iran and stronger-than-expected Q1 growth in China. He highlights resilient Purchasing Managers’ Index (PMI), firm industrial and external activity, robust onshore bond demand and continued offshore inflows, arguing this backdrop supports a stable front…
2026.04.24 2026.04.24 The Franc Is Set to Reclaim Lost Ground. Forecast as of 24.04.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The Swiss National Bank appears comfortable with the franc’s weakness during the Middle East conflict. UBS believes the SNB has intervened in the FX market, disrupting intermarket relationships. How long will it last? Let’s explore this and make a trading plan for EUR/CHF. The…
